24, RAILWAY PARK CLOSE, LINCOLN, LN6 7AL - £127,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 RAILWAY PARK CLOSE is a very small semi-detached house of 66m², built sometime between 1991 and 1995. It was last sold for £127,000 in February 2022, which was around 56% below the average February 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

24 RAILWAY PARK CLOSE Sold Prices

Land registry data shows two sales for 24 RAILWAY PARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 24 RAILWAY PARK CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 FEB	£127,000	£290,597	56% below HPI
2004 23 JUL	£114,950	£169,602	32% below HPI

24 RAILWAY PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 24 RAILWAY PARK CLOSE sales from July 2004 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2022 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 24 RAILWAY PARK CLOSE?

24 RAILWAY PARK CLOSE is 66m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 24 RAILWAY PARK CLOSE lies on this distribution: 11% of detached houses are smaller than 24 RAILWAY PARK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

24 RAILWAY PARK CLOSE: Plot and Title Map

24 RAILWAY PARK CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 24 RAILWAY PARK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 RAILWAY PARK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 RAILWAY PARK CLOSE?

24 RAILWAY PARK CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 24 on RAILWAY PARK CLOSE.